Capital and Credit Watch

By Karen Kerrigan – America’s entrepreneurs have plenty of great ideas. However, many lack sufficient capital to support or launch their innovative ideas or growth opportunities. Whether launching a startup, expanding a manufacturing operation, developing a breakthrough technology, or opening a new retail location, access to financing remains one of the most persistent challenges facing […]

Board of Governors of the Federal Reserve System 20th Street and Constitution Avenue NW Washington, D.C. 20551   Comments Submitted via Federal Reserve Proposals Portal — FR-2026-0007-01 Re: Regulatory Capital Rule: Category I and II Banking Organizations, Banking Organizations with Significant Trading Activity, and Optional Adoption for Other Banking Organizations [R-1887] Dear Members of the […]

NEWS FOR IMMEDIATE RELEASE Washington, D.C. – The following statement on the release today of the U.S. Department of Labor’s proposed rule expanding investment opportunities in 401(k) plans can be attributed to Karen Kerrigan, President & CEO, Small Business & Entrepreneurship Council (SBE Council): “SBE Council applauds the U.S. Department of Labor’s release of a […]

  by Raymond J. Keating – The ills of credit card regulations spread far beyond large banks and credit card payment network companies, contrary to the assertions of advocates arguing for credit card routing mandates and interest rate caps. SBE Council has weighed in on the many problems related to U.S. Senators Dick Durbin (D-IL) […]

  by Raymond J. Keating – Economists are big on considering and fleshing out unintended consequences. When referencing unintended consequences, we’re talking about the fact that actions undertaken by people, and in particular, by government, can have effects or outcomes that are unintended. So, while various legislation and regulations might have the best of intentions, […]

FOR IMMEDIATE RELEASE Washington, D.C. – Today the Office of the Comptroller of the Currency (OCC) released preliminary findings of its review on debanking activity in accordance with President Trump’s Executive Order “Guaranteeing Fair Banking for All Americans.” Small Business & Entrepreneurship Council (SBE Council) President & CEO Karen Kerrigan issued the following statement in response to […]

The Honorable Mike Johnson Speaker U.S. House of Representatives Washington, DC 20515 The Honorable Hakeem Jeffries Democratic Leader U.S. House of Representatives Washington, DC 20515   Re: INVEST Act Promotes Capital Availability and Economic Opportunity for Small Businesses Dear Speaker Johnson and Leader Jeffries: On behalf of the Small Business and Entrepreneurship Council (SBE Council), […]

NEWS FOR IMMEDIATE RELEASE Washington, D.C. – In response to the Department of Labor’s (DOL’s) announcement that it plans to issue a notice of proposed rulemaking on President Trump’s directive to the DOL to work with the Treasury Department and the Securities and Exchange Commission (SEC) to open up defined contribution plans, such as 401(k)s, […]

  In a blog post feature on Crowdfund Insider and Capitol Ideas podcast, SBE Council President & CEO Karen Kerrigan explains the importance of President Trump’s executive order on 401(k) plans and future investment opportunities. As noted in the blog post: “On August 7, President Donald Trump signed an executive order that could fundamentally reshape how retirement savings intersect […]

by Raymond J. Keating – Entrepreneurship is vital to economic growth, which means that the funding of small businesses also is essential to the economy. Let’s take a quick look at the latest data on investment in and lending to small businesses. First, according to the latest PitchBook-NVCA Venture Monitor, produced by National Venture Capital […]